14 upvotes, 2 direct replies (showing 2)
View submission: Report any huge price jumps here.
I hate Trump and his economic policies, but to be clear, any price increases are essentially predatory.
The goods you buy today was bought weeks/months ago, before any tariffs. So they're charging you more before they've imported a single thing.
With that said, I run a business and all month I've gotten 10-25% price increases on goods and services. Not everything, but a lot of things. So the price increases you see are actually just the start. They don't even really take tariffs into consideration yet.
Comment by User-no-relation at 03/02/2025 at 16:13 UTC
7 upvotes, 0 direct replies
That's how inflation works. People expect their costs to go up, so they raise their prices. That's how it works.
Huge self own to inflict this on our economy.
Comment by mouga68 at 03/02/2025 at 15:12 UTC
10 upvotes, 1 direct replies
You use the term predatory, and while I don't fully disagree, id argue the correct term would be preemptive.
Sure, the goods they have weren't taxed with the new tarrifs. But any sound bussiness manager or even just inventory manager can understand the concept of "once we sell out of these the next shipment will cost X more so in reality we can just preemptively start to raise our costs" (either to cover anticipated costs increases, or to slowly ramp up prices rather than 1 all at once X sized jump)